Judgment Interest Rate Calculation Dispute
Synthèse Legislator
Généré par l'IAA dispute arose concerning the proper calculation of the rate of interest applicable to a judgment, specifically whether the pre-judgment interest rate or the statutory post-judgment interest rate should apply to the period between the judgment entry and the final payment. The court reasoned that the statute governing post-judgment interest sets the controlling rate for the period following entry of judgment, irrespective of any different rate specified in the judgment itself for the period preceding satisfaction, thereby determining that the statutory post-judgment rate governed the interest accrued between the entry of judgment and its satisfaction.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Judgment Interest Rate Calculation Dispute: The court reasoned that the statute governing post-judgment interest sets the controlling rate for the period following entry of judgment, irrespective of any different rate specified in the judgment itself for the period preceding satisfaction, thereby determining that the statutory post-judgment rate governed the interest accrued between the entry of judgment and its satisfaction.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAThis provision was cited in the dispositive to regulate the distribution of court costs.
Texte complet
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